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Differences Awareness Model to Fundament Long Term Strategy Extension in a New Emerging Market


  • Elena Madalina SERBAN

    () (The Bucharest Academy of Economic Studies)


The globalization opened the opportunity for multinational companies to increase their businesses in emerging markets and also to local giants from developing countries to step in the western markets. The objective of this paper is to propose a model for analyzing the differences between operating businesses in emerging markets and developed markets. The model purpose is to be applied in the strategic process by mainly the multinationals or local giants intending to develop long term businesses outside their traditional geographies. The studies on emerging markets identified two main axes to be considered when appreciating the attractiveness of the markets: the business dynamics both inside and outside the company and the institutional environment, as facilitator of efficient encounter between sellers and buyers.

Suggested Citation

  • Elena Madalina SERBAN, 2011. "Differences Awareness Model to Fundament Long Term Strategy Extension in a New Emerging Market," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 14(2), pages 332-347, December.
  • Handle: RePEc:rom:econmn:v:14:y:2011:i:2:p:332-347

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    business dynamics; developed markets; strategy; emerging markets; institutional environment.;

    JEL classification:

    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management
    • L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior


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